Organic Spices Market Size, Share, Industry Analysis, Trends, Growth, Forecasts, 2030

Organic Spices Market

Organic Spices Market By Product (Powder, Whole, and Chopped/Crushed), By Application (Household and Commercial), By Distribution Channel (Convenience Stores, Supermarket/Hypermarket, and Online), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030

Category: Food & Beverage Report Format : PDF Pages: 227 Report Code: ZMR-3341 Published Date: Jan-2024 Status : Published
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 1000 Million USD 3000 Million 9.05% 2022

Organic Spices Industry Prospective:

The global organic spices market size was evaluated at $1000 million in 2022 and is slated to hit $3000 million by the end of 2030 with a CAGR of nearly 9.05% between 2023 and 2030.

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Organic Spices Market: Overview

Organic spices are products that are free from bacteria and are spicy & natural. Apart from this, they provide health advantages and aroma or flavor to the food to which it is added. These products are utilized for improving the color of food products and the taste of food along with preserving it. There is a spectrum of organic species used in preparing food and this includes turmeric powder, coriander, ginger, garlic, and chili powder.

Key Insights

  • As per the analysis shared by our research analyst, the global organic spices market is projected to expand annually at the annual growth rate of around 9.05% over the forecast timespan (2023-2030)
  • In terms of revenue, the global organic spices market size was evaluated at nearly $1000 million in 2022 and is expected to reach $3000 million by 2030.
  • The global organic spices market is anticipated to grow rapidly over the forecast timeline owing to a surge in the utilization of natural & exotic constituents in the preparation of food as a result of the long-lasting aromatic features of the product.
  • In terms of product, the powder segment is slated to register the highest CAGR over the forecast period.
  • Based on application, the household segment is projected to record a massive surge in the coming years.
  • Based on distribution channel, the supermarket/hypermarket segment is projected to lead the global market expansion in the upcoming years.
  • Region-wise, the Asia-Pacific organic spices industry is projected to register the fastest CAGR over the forecast timeline.

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Organic Spices Market: Growth Factors

An increase in the people about health to steer the global market surge over 2023-2030

The surge in the proportion of health-conscious customers and growing awareness pertaining to the health advantages of the intake of organic spices will impel the growth of the global organic spices market in the forecast period. Additionally, the surge in the utilization of natural & exotic constituents in the preparation of food as a result of the long-lasting aromatic features of the product will augment the global market space over the forecast timeline.

Furthermore, the escalating requirement of organic turmeric in culinary, meat, snacks, convenience foods, and meat products due to high preservative features will spike the expansion of the organic spice industry over the forecast timespan. A large number of food processing firms are adding organic spices to canned beverages, popcorn, yogurt, baked items, and sauces and this will transform into the humungous popularity of organic spices over the estimated timeline.  Some of the organic species like garlic and onion act as anti-oxidants as well as help in eliminating free radicals from the body. Furthermore, they help in controlling the metabolism of the body and detoxification of the human internal system, thereby driving business trends.

Organic Spices Market: Restraints

A surge in raw material prices can obstruct the growth of the global industry by 2030

A rise in raw component costs and disruptions in the supply chain can put brakes on the global organic spices industry in the upcoming years. An increase in logistics prices as well as production costs can restrain the growth of the global industry in the upcoming years.

Organic Spices Market: Opportunities

Antioxidant features of products can generate new avenues of growth for the global market

Anti-bacterial and antioxidant characteristics of the product can open new growth opportunities for the global organic spices market in the coming years. Preferences for unique cuisines along with changing tastes are projected to generate new growth avenues for the global organic spices market.

Organic Spices Market: Challenges

Stringent regulations related to product sales can decimate the global industry progression in the coming years

Strict laws governing the import and export of the products can pose a huge challenge to the expansion of the global organic spices industry. Apart from this, the low availability of arable land even in emerging economies such as India can challenge the expansion of the industry across the globe.

Organic Spices Market: Segmentation

The global organic spices market is sectored into product, application, distribution channel, and region.                                   

In terms of product, the organic spices market across the globe is segregated into powder, whole, and chopped/crushed segments. Furthermore, the powder segment, which acquired nearly 57% of the global market earnings in 2022, is projected to register the fastest CAGR over the forecast timeframe. Moreover, the segmental expansion over the coming eight years can be a result of a prominent use of organic spices in powder form in preparing various kinds of cuisines.

Based on the application, the global organic spices industry is divided into household and commercial segments. Moreover, the household segment, which led the application segment in 2022, is set to dominate the segmental surge over the projected timeline. The growth of the segment over the projected timeline can be subject to a rise in the earnings of the global industry from various households globally.

Based on the distribution channel, the organic spices market globally is sectored into online, convenience stores, and supermarket/hypermarket segments. Furthermore, the supermarket/hypermarket segment, which dominated the global market share in 2022, is projected to boost the global market elevation by 2030. The growth of the segment in the coming eight years can be attributed to a rise in sales of the product along with their large-scale availability on shelves of supermarket/hypermarket stores. 

Organic Spices Market: Report Scope

Report Attributes Report Details
Report Name Organic Spices Market
Market Size in 2022 USD 1000 Million
Market Forecast in 2030 USD 3000 Million
Growth Rate CAGR of 9.05%
Number of Pages 227
Key Companies Covered McCormick & Company, PDS Organic Spices, O.A.P., Frontier Co-op, The Spice Hunter Inc., Colorado Spice, Farm Boy Company Inc., The Watkins Co., Sun Impex International Foods LLC, The Watkins Co., Blue Dragon Canada Limited, Frontier Co-op, Primal Palate, Sun Impex International Foods LLC, SpiceLuxe, and others.
Segments Covered By Product, By Application, By Distribution Channel, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Organic Spices Market: Regional Insights

North America is projected to set a strong hold on the global organic spices market in the forecasting years

North America, which accounted for nearly 45% of the global organic spices market share in 2022, will be the leading region in the coming eight years. Moreover, the regional market elevation over the forecast timespan can be credited to a prominent surge in per capita income of the people in countries such as the U.S. Apart from this, growing awareness about the health benefits derived from consumption of organic species will prop up the growth of the regional market. 

Asia-Pacific organic spices industry is set to register the highest gains in the forecast timeframe. The growth of the industry in the region in the forecast timeline can be subject to large-scale production of organic spices in countries such as India, China, and Vietnam. In addition to this, the presence of high-yielding product varieties and the existence of many agro-climatic regions in the APAC zone will contribute substantially towards the size of the industry in the region in the years ahead.

Organic Spices Market: Competitive Space

The global organic spices market profiles key players such as:

  • McCormick & Company
  • PDS Organic Spices
  • O.A.P.
  • Frontier Co-op
  • The Spice Hunter Inc.
  • Colorado Spice
  • Farm Boy Company Inc.
  • The Watkins Co.
  • Sun Impex International Foods LLC
  • The Watkins Co.
  • Blue Dragon Canada Limited
  • Frontier Co-op
  • Primal Palate
  • Sun Impex International Foods LLC
  • SpiceLuxe

The global organic spices market is segmented as follows:

By Product

  • Powder
  • Whole
  • Chopped/Crushed

By Application

  • Household
  • Commercial

By Distribution Channel

  • Convenience Stores
  • Supermarket/Hypermarket
  • Online

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Organic spices are the products that are free from bacteria and are spicy & natural. Apart from this, they provide health advantages and aroma or flavor to the food to which it is added.

The global organic spices market growth over forecast period can be owing to surge in the proportion of health-conscious customers and growing awareness pertaining to health advantages pertaining to the intake of organic spices.

According to a study, the global organic spices industry size was $1000 million in 2022 and is projected to reach $3000 million by the end of 2030.

The global organic spices market is anticipated to record a CAGR of nearly 9.05% from 2023 to 2030.

Asia-Pacific is set to dominate the global organic spices industry over the forecasting timeline owing to the large-scale production of the organic spices in countries such as India, China, and Vietnam. In addition to this, presence of high-yielding product varieties and existence of many agro-climatic regions in the APAC zone will contribute substantially towards the size of the industry in the region in the years ahead.    

The global organic spices market is led by players such as McCormick & Company, PDS Organic Spices, O.A.P., Frontier Co-op, The Spice Hunter Inc., Colorado Spice, Farm Boy Company Inc., The Watkins Co., Sun Impex International Foods LLC, The Watkins Co., SpiceLuxe, Blue Dragon Canada Limited, Frontier Co-op, Primal Palate, Sun Impex International Foods LLC, and SpiceLuxe.   

The global organic spices market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.

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